By Chelsey Dulaney
Samsung previewed record quarterly results today. But that wasn't enough to ease investor jitters about the sustainability of AI demand, sending the chip giant's shares down about 7% in South Korea.
Here's what Samsung expects to report for its second quarter, which ended in June:
- Operating profit of around $58 billion. That would top the previous quarter's record-setting $37 billion.
- Analysts had been expecting around $56 billion in operating profit for the quarter, according to FactSet.
- Operating profit is set to jump 19-fold compared to a year earlier, from around $3 billion in the second quarter of 2025.
- Sales of around $111 billion. That's 28% more than the first quarter-also a new high-and more than double the prior-year's quarterly sales.
Samsung will report full results later this month.
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